Kenya
Follow our discovery journey in Kenya in our mission to develop digital solutions for the diaspora that matter
Country Objectives
1. Diaspora mapping report
Develop a mapping report to analyze diaspora remittance to Kenya, Ethiopia and Somalia. By identifying how remittance is being allocated in terms of consumption, investment and other areas. The mapping report will be developed to provide better insight to the development sector and other stakeholders in how the diaspora can play a bigger role in supporting SME’’s.
2. Diaspora fundraising pilot
Develop a mapping report to analyze diaspora remittance to Kenya, Ethiopia and Somalia. By identifying how remittance is being allocated in terms of consumption, investment and other areas. The mapping report will be developed to provide better insight to the development sector and other stakeholders in how the diaspora can play a bigger role in supporting SME’’s.
3. Islamic financing solutions
Develop a simple and innovative technology platform within Islamic financing in collaboration with partners to help startups with fundraising, financial inclusion and mobilize resources. After successful results in Kenya this activity will be scaled to Ethiopia and Somalia (Phase 2)
4.Institutional partnership solutions
In dialogue with relevant Swedish Embassies develop a report on potential institutional partnership solutions for each of the partner countries in the full-scale project. Present how coordination and value addition to other similar initiatives can be secured, including programs and partners already receiving Swedish funding
Project Introduction
Read the Diaspora Mapping Study
Findings/learnings in Kenya - Mapping report
- In developing the Kenya report, Sweden, Finland, and the USA accounted for 54% of the online respondents drawn from the 27 countries.
- It is imperative to build trust while engaging with the diaspora. Several survey respondents were not comfortable with sharing investment information and preferences.
- Diaspora investors are keen on investment cases that are vetted, with provision for end to end follow-up and impact tracking services after investment.
- The need for policy changes that would improve access to the market for investors and ease of doing business in the country.
- Kenya, Ethiopia and Somalia, as much as has different context, the difference can be used as cross-learning opportunities to accelerate advancement of the initiative in all the countries
- Read more findings in the mapping report by Pangea Trust below
Validation workshops in Kenya
As part of launching Pangea’s mapping report for the diaspora we organized a validation workshop for Kenya. The validation workshops included key stakeholders from Kenya to discuss the findings of the diaspora report. The report also discusses the perspective of islamic finance with an emphasis on opportunities and challenges.
Our diaspora mapping reports have been captured by several media outlets such as BBC, KTN, amongst others. Here you can access some of our 30+ news articles generated during the inception phase of the Diaspora Investment project
Our focus has been co-creating the solution together with the African diaspora
The development process has been designed as a co-creation process to enable the African diaspora to be involved in the development process. This has been achieved by organizing a series of interviews, roundtable discussion and workshops.
Our Startup Program
